Predictions are just that . At the time , there was no rush of sellers and the $2 price was a long way off. Unless zdster knew M2g were going to unload and the shorting on the current scale was going to follow, he was guessing.
You have criticised me for saying that the junior explorers are in a bad way. I have said for a long time now that they would have great difficulty raising funds and developing projects and that I thought many would not survive.
That is being said in many circles now. I did not predict it, I said it.
It is unfortunate for their shareholders who have lost money with scant hope of recovering it that is why I keep saying CuDeco is in such a strong position with no debt and proceeding to mine Rocklands.
It could have been so different.
CDU Price at posting:
$1.66 Sentiment: Buy Disclosure: Held
